<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > truck loan paid in full!

truck loan paid in full!

March 22nd, 2013 at 11:00 pm

Yeah! The truck loan is paid! We are already starting to chip away at the HELOC, the next highest interest debt at 3.2%. It is currently at 14K. The upcoming vacation tickets are paid in full, I finally bought some clothes after not buying anything for 6 months. Mostly clothes for the vacation.

The bigger win is the change in habits regarding shopping. Lessons:
1. Budgeting totally works. Figuring out exactly what type of budget works for you is important. For me, projecting on excel my goals, and then adjusting future expenses to achieve, is the key. Instead of watching every penny of household spend, I have a total bi- weekly amount I stick to, spent on groceries, gas, etc.

2. If you put it on a cc, you pay it in full when due. Period. I know a lot more about my cc debt now. Got rid of all misc. cc, down to spend on only one, and if I spend it, I pay it. It s working!

3. Technology is your friend. I know exactly where all my money s at all times. Checking, savings, investments, bills due. I am appreciating Mint.com too.

Now it will take us a while to pay off that HELOC- but we are on our way. And we are still on point to cancel all debt except mortgage by end of year.

One note- we had to buy our vacation airline tickets early and since we pay in full, that extended the payoff date for the truck into March.

Posted in Debt | 7 Comments »

7 Responses to “truck loan paid in full! ”

  1. Beawealthywarrior Says:
    March 22nd, 2013 at 11:08 pm 1363993708
    1363993708

    Congrats!

  2. creditcardfree Says:
    March 22nd, 2013 at 11:27 pm 1363994873
    1363994873

    Congratulations! Feels good doesn't it?

  3. Petunia 100 Says:
    March 22nd, 2013 at 11:33 pm 1363995238
    1363995238

    That's great! Congrats. Smile

  4. wowitsawonderfullife Says:
    March 23rd, 2013 at 02:49 am 1364006974
    1364006974

    That's fantastic! Congratulations and well done!

  5. snafu Says:
    March 23rd, 2013 at 06:29 pm 1364063376
    1364063376

    Good on you! Getting the truck paid off is a giant step forward. If your laptop is 'too slow' try offloading alll the old documents on a separate hard drive or even thumb drive. Do you really need to keep all that old stuff? After you read it - look at it - just hit delete. If it must be kep set up a file and just click 'move'

  6. PNW Mom Says:
    March 23rd, 2013 at 10:20 pm 1364077249
    1364077249

    Congratulations!

  7. rob62521 Says:
    March 24th, 2013 at 12:30 am 1364085052
    1364085052

    Way to go!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]